Civic Intelligence

M F Place Inc

EIN 95-4834034 • 501(c)3 • Hollywood, CA

Profile

The organization offers a comprehensive continuum of care that includes free emergency resources such as food and clothing in combination with health, educational, and therapeutic services to nearly 1,000 homeless youth and their children each year.

Post Office Box 3867Hollywood, CA 90078

myfriendsplace.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.07x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$139,425

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-23%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,423,605

Up $2,054,542 (+18%) from 2023

Liabilities

Up

$414,023

Up $133,832 (+48%) from 2023

Net Assets

Up

$13,009,582

Up $1,920,710 (+17%) from 2023

Revenue

Down

$5,556,170

Down $1,666,761 (-23%) from 2023

Expenses

Up

$3,692,536

Up $435,028 (+13%) from 2023

Net Income

Down

$1,863,634

Down $2,101,789 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2012: $1,995,307Liabilities 2012: $57,756Net Assets 2012: $1,937,5512012Assets 2013: $2,051,680Liabilities 2013: $64,691Net Assets 2013: $1,986,9892013Assets 2014: $2,306,038Liabilities 2014: $68,801Net Assets 2014: $2,237,2372014Assets 2015: $2,975,784Liabilities 2015: $71,374Net Assets 2015: $2,904,4102015Assets 2016: $3,007,087Liabilities 2016: $91,459Net Assets 2016: $2,915,6282016Assets 2017: $3,351,339Liabilities 2017: $125,710Net Assets 2017: $3,225,6292017Assets 2018: $3,501,814Liabilities 2018: $151,821Net Assets 2018: $3,349,9932018Assets 2019: $4,206,297Liabilities 2019: $154,859Net Assets 2019: $4,051,4382019Assets 2020: $5,373,015Liabilities 2020: $609,254Net Assets 2020: $4,763,7612020Assets 2021: $6,667,843Liabilities 2021: $593,019Net Assets 2021: $6,074,8242021Assets 2022: $7,359,130Liabilities 2022: $270,905Net Assets 2022: $7,088,2252022Assets 2023: $11,369,063Liabilities 2023: $280,191Net Assets 2023: $11,088,8722023Assets 2024: $13,423,605Liabilities 2024: $414,023Net Assets 2024: $13,009,5822024

Highlighted filing

2024

Assets$13,423,605
Liabilities$414,023
Net Assets$13,009,582

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2012: $1,430,851Expenses 2012: $1,156,942Net Income 2012: $273,9092012Revenue 2013: $1,282,856Expenses 2013: $1,234,562Net Income 2013: $48,2942013Revenue 2014: $1,623,801Expenses 2014: $1,373,109Net Income 2014: $250,6922014Revenue 2015: $2,099,775Expenses 2015: $1,432,967Net Income 2015: $666,8082015Revenue 2016: $1,665,408Expenses 2016: $1,653,391Net Income 2016: $12,0172016Revenue 2017: $2,242,710Expenses 2017: $1,932,709Net Income 2017: $310,0012017Revenue 2018: $2,261,685Expenses 2018: $2,137,452Net Income 2018: $124,2332018Revenue 2019: $2,967,442Expenses 2019: $2,269,548Net Income 2019: $697,8942019Revenue 2020: $3,254,252Expenses 2020: $2,536,998Net Income 2020: $717,2542020Revenue 2021: $3,903,422Expenses 2021: $2,612,315Net Income 2021: $1,291,1072021Revenue 2022: $4,261,669Expenses 2022: $3,058,683Net Income 2022: $1,202,9862022Revenue 2023: $7,222,931Expenses 2023: $3,257,508Net Income 2023: $3,965,4232023Revenue 2024: $5,556,170Expenses 2024: $3,692,536Net Income 2024: $1,863,6342024

Highlighted filing

2024

Revenue$5,556,170
Expenses$3,692,536
Net Income$1,863,634

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$13,616,752
Mission and Program Overview

Mission

The organization offers a comprehensive continuum of care that includes free emergency resources such as food and clothing in combination with health, educational, and therapeutic services to over 1,400 homeless youth and their children each year.

In fy24, through our community center drop in model, my friend's place provided 1,155 young people with low-barrier, developmentally appropriate, trauma-informed services that support their trajectory toward wellness, stability, and a permanent exit from homelessness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,422,195$5,997,155▲ $574,960
Investments in Publicly Traded Securities$2,685,931$4,648,161▲ $1,962,230
Pledges and Grants Receivable$2,584,039$2,115,947▼ $468,092
Land, Buildings, and Equipment, Net$648,159$626,472▼ $21,687
Cash and Non-Interest-Bearing Accounts$18,250$24,491▲ $6,241
Prepaid Expenses and Deferred Charges$10,489$11,379▲ $890
Total Assets$11,369,063$13,423,605▲ $2,054,542
Liabilities
Accounts Payable and Accrued Expenses$280,191$299,023▲ $18,832
Deferred Revenue-$115,000-
Total Liabilities$280,191$414,023▲ $133,832
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,456,866$7,379,556▲ $922,690
Net Assets With Donor Restrictions$4,632,006$5,630,026▲ $998,020
Total Net Assets Fund Balance$11,088,872$13,009,582▲ $1,920,710
Total Liabilities and Net Assets / Fund Balance$11,369,063$13,423,605▲ $2,054,542

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$177,516$588,930$766,446
Land$400,983-$400,983
Equipment$47,973$151,594$199,567
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather CarmichaelExecutive DirectorFT$129,425$10,000$139,425
Erin CaseyDirector of ProgramsFT$116,992$8,000$124,992
Susan DutraDirector of DevelopmentFT$117,773$6,000$123,773

Board Members and Trustees

NameTitle
Cheryl HaywardCo-president
David JarrettCo-president
Cordell WilliamsDirector
David StoneDirector
Dexter WilliamsDirector
Joanie BerkleyDirector
Kevin BeggsDirector
Liz Levitt-hirschDirector
Lylle BreierDirector
Mary KincaidDirector
Michael Oates PalmerDirector
Michael ShortDirector
Nicole SimonianDirector
Nji WamuchoDirector
Rob LongDirector
Rod BarrDirector
Ryan MurdenDirector
Samuel RotterDirector
Sheryl RecinosDirector
Tom LloydDirector
Toni MorganDirector
Ivan TetherSecretary
Scott WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,280,138
Program Service Revenue
$0
Investment Income
$276,032
Other Revenue
$0
All Other Contributions
$5,089,828
Change in Net Assets
$1,863,634

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,556,170
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$57,076
Total Revenue per Audited Statements
$5,613,246
Total Revenue per Form 990
$5,556,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,609,236
Other Expenses$1,083,300
Total Fundraising Expense$368,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,981,736$64,729$132,316$2,178,781
Fees for Services Other$97,995$26,197$170,642$294,834
Payroll Taxes$166,741$6,748$12,725$186,214
Current Officers, Directors, Trustees, and Key Employees$89,889$20,744$27,658$138,291
Office Expenses$105,834$20,158$5,073$131,065
Fees for Services Accounting$88,818$38,191$3,671$130,680
Other Employee Benefits$96,773$2,944$6,233$105,950
Occupancy$91,388$6,755$3,853$101,996
Insurance$47,822$2,032$3,857$53,711
Depreciation Depletion$28,622$2,266$1,284$32,172
Fees for Service Investment Mgmnt Fees-$8,003-$8,003
Information Technology$4,708$331$206$5,245
Other Expenses$17,987$4,489$743$4,489
Travel$1,958$108$57$2,123
Fees for Services Legal-$1,185-$1,185
Interest-$186-$186
Total Functional Expenses$3,083,124$241,094$368,318$3,692,536

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,692,536
Total Expenses per Audited Statements$3,692,536
Total Expenses per Form 990$3,692,536
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

At the end of the fiscal year, following the annual audit conducted by an independent auditor, the accountant will prepare the annual return of the organization exempt from income tax (irs form 990). The return will be presented to the executive director, the finance committee and the board co- president for their review and approval. The approved form 990 will then be presented to the full board for review prior to submission. The executive director will then file the return with the internal revenue service by the annual deadline. The annual deadline.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is presented annually to the board. Board members are expected to abstain from discussion and voting on any matter that may be a conflict of interest. The co-presidents are responsible for making the necessary inquiries regarding any potential conflicts.

Form 990, Part VI, Section B, Line 15

Compensation is based on performance, the financial condition of the organization and comparison with salaries paid by similiar organizations.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon written request.

Filing and Contact Details

Filer

Filer Name
M F Place Inc
EIN
95-4834034
Phone
3239080011
Address
POST OFFICE BOX 3867, HOLLYWOOD, CA 90078
Doing Business As
MY FRIEND'S PLACE

Signing Officer

Name
Cordell Williams
Title
Treasurer
Phone
3239080011
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cordell Williams
Formed
1991
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
23
Employees
47
Volunteers
1,000

Preparer

Firm
Lopez Accounting Group
Address
3500 WEST OLIVE AVENUE SUITE 680, BURBANK, CA 91505
Preparer
Juan Pablo Lopez CPA
Phone
8188407075
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the code) and california income taxes under section 230701(d) of the california revenue and taxation code. The internal revenue service classified the organization as one that is not a private foundation within the meaning of section 509(a) of the code. The organization has adopted financial accounting standards board (fasb) accounting standards codification(asc) 740-10, income taxes, which prescribes threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended june 30, 2024, the organization had no material unrecognized tax benefits, tax penalties, or interest. The organization is subject to potential income tax audits on open tax years by any taxing jurisdiction in which it operates. The statute of limitations for federal purposes is three years and for california is four years.

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IRS990/ActivityOrMissionDesc0IN FY24, THROUGH OUR COMMUNITY CENTER DROP IN MODEL, MY FRIEND'S PLACE PROVIDED 1,155 YOUNG PEOPLE WITH LOW-BARRIER, DEVELOPMENTALLY APPROPRIATE, TRAUMA-INFORMED SERVICES THAT SUPPORT THEIR TRAJECTORY TOWARD WELLNESS, STABILITY, AND A PERMANENT EXIT FROM HOMELESSNESS.
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IRS990/Desc0THE SAFE HAVEN PROVIDES DROP-IN AND APPOINTMENT BASED SERVICES THAT HELP YOUNG PEOPLE MEET THEIR IMMEDIATE NEEDS WITH MEALS, CLOTHING, SHOWERS, COMMUNICATION AND TRANSPORTATION SERVICES. THE SAFE HAVEN STAFF WORK WITH YOUTH TO ESTABLISH SAFETY AND TRUST SO TO UNDERSTAND THE YOUNG PERSON'S NEEDS, OFFERING LINKAGE TO HOUSING CASE MANAGEMENT, HEALTH AND MENTAL HEALTH SERVICES AS WELL AS NUMEROUS OTHER RESOURCES. MORE THAN 62% OF THE YOUNG PEOPLE SERVED THROUGH THE SAFE HAVEN GO ON TO ACCESS HIGHER COMMITMENT PROGRAMMING, SUCH AS EMPLOYMENT SUPPORT SERVICES AND HOUSING CASE MANAGEMENT. ENGAGEMENT IN HIGHER COMMITMENT PROGRAMMING IS CRITICAL IN SUPPORTING YOUTH AS THEY MOVE TOWARD A PERMANENT EXIT FROM HOMELESSNESS. IMPACT HIGHLIGHTS INCLUDE: OF THE 1,155 YOUNG PEOPLE SERVED, 1,086 YOUNG PEOPLE VISITED OUR COMMUNITY CENTER 15,252 TIMES. THE SAFE HAVEN PROGRAM PROVIDED OVER 30,000 MEALS AND 2,365 SHOWERS. SIXTY-TWO PERCENT OF SAFE HAVEN VISITORS WENT ON TO ENGAGE MORE DEEPLY IN TRANSFORMATIVE EDUCATION AND HOUSING & WELLNESS PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/PersonNm6JOANIE BERKLEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF PROGRAMS
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IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO CULTIVATE GROWTH AND OPPORTUNITIES FOR YOUNG PEOPLE IMPACTED BY HOMELESSNESS ENVISIONING A LOS ANGELES COMMUNITY THAT EFFECTIVELY PREVENTS AND RESPONDS TO YOUTH AND YOUNG ADULT HOMELESSNESS AND ENSURES THE PHYSICAL, MENTAL, SOCIAL AND ECONOMIC WELL-BEING OF ALL YOUNG PEOPLE. THE ORGANIZATION OFFERS A CONTINUUM OF CARE THAT IS DESIGNED TO CREATE SAFETY AND ACCESS TO RESOURCES TO ADDRESS THE IMMEDIATE NEEDS OF YOUNG PEOPLE EXPERIENCING HOUSING INSTABILITY AND HOMELESSNESS. OUR COMPREHENSIVE PROGRAMMING IMPLEMENTS A SERVICE PHILOSOPHY THAT PRIORITIZES INDIVIDUALIZED CARE "TO MEET YOUNG PEOPLE WHERE THEY ARE AT, AND A HARM REDUCTION APPROACH TO EQUIP THEM WITH STRATEGIES TO RECOGNIZE, ADDRESS AND REDUCE HARM ASSOCIATED WITH THE DANGER OF BEING AN UNHOUSED YOUNG PERSON. THIS INCLUDES NO-COST EMERGENCY SERVICES AND RESOURCES SUCH AS FOOD, HYGIENE, AND CLOTHING IN COMBINATION WITH EDUCATIONAL, CASE MANAGEMENT, THERAPEUTIC AND HEALTH & WELLNESS SERVICES ENS
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IRS990/PrincipalOfficerNm0CORDELL WILLIAMS
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE HOUSING AND WELLNESS PROGRAM PROVIDES YOUTH WITH DEVELOPMENTALLY AND CULTURALLY APPROPRIATE HEALTH AND MENTAL HEALTH SERVICES, SUPPORTING THE GOAL OF YOUNG PEOPLE'S PURSUITS OF ESTABLISHING SAFETY, CONNECTING WITH COMMUNITY, CULTIVATING WELLNESS AND ENGAGING IN GROWTH AND OPPORTUNITIES SUPPORTING THEIR LONG TERM STABILITY AND WELLNESS. MASTER LEVEL CLINICAL SOCIAL WORKERS CONDUCT ASSESSMENTS AND COUNSELING TO ADDRESS ISSUES SUCH AS MENTAL HEALTH DISTRESS AND EMOTIONAL REGULATION, SUBSTANCE USE, AND INTERPERSONAL VIOLENCE. USING A CLINICAL SOCIAL WORK APPROACH, IN ADDITION TO SUPPORTING A YOUNG PERSON'S IMMEDIATE WELL-BEING, THE SOCIAL WORKERS ALSO PROVIDED THE NECESSARY ADVOCACY AND ASSISTANCE WITH SECURING IDENTIFICATION DOCUMENTS AND PUBLIC BENEFITS TO ENSURE A YOUNG PERSON'S ENGAGEMENT WITH THE REGIONAL HOUSING SUPPORT SYSTEM. ADDITIONALLY, THE TRIAGE CASE MANAGERS ENGAGE IN CASE MANAGEMENT, CRISIS INTERVENTION, ANIMAL COMPANION SUPPORT, PERSONAL IDENTITY DOCUMENT ACQUISITION AND SUPPORT TO ACCESS LEGAL SERVICES. IMPACT HIGHLIGHTS INCLUDE: ONE OF EVERY TWO YOUNG PERSONS ENROLLED IN CASE MANAGEMENT WITH 210 YOUTH ACCESSING MENTAL HEALTH SUPPORT. AS A HOUSING ACCESS CENTER, OUR SERVICES ARE PIVOTAL SUPPORT FOR YOUTH ENGAGING IN THE COORDINATED ENGAGEMENT SYSTEM. FOUR HUNDRED AND FIFTY TWO YOUNG PEOPLE ENGAGED IN HOUSING SUPPORT. WORKING IN THE COMMUNITY CONTEXT OF TOO FEW HOUSING OPPORTUNITIES FOR YOUNG PEOPLE, WE SUCCESSFULLY SUPPORTED AND ADVOCATED FOR 157 YOUNG PEOPLE WHO SECURED EMERGENCY HOUSING AND 50 WHO SECURED LONG TERM HOUSING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01067558
IRS990/ProgSrvcAccomActy3Grp/Desc0THE TRANSFORMATIVE EDUCATION IS A VITAL PART OF OUR CONTINUUM OF CARE PROVIDING YOUTH WITH CREATIVE ARTS PROGRAMMING, EDUCATION, AND EMPLOYMENT READINESS SERVICES. THROUGH WORKSHOPS, ONE-ON-ONE SESSIONS, AND PROGRESSIVELY MORE INTENSIVE PROGRAMMING, THE TRANSFORMATIVE EDUCATION PROGRAM AIMS TO EQUIP YOUTH WITH MARKETABLE SKILLS, ENCOURAGE POSITIVE BEHAVIORS AND CREATE ALTERNATIVE WAYS FOR STAFF TO BUILD RAPPORT WITH YOUTH WHO ARE RELUCTANT TO ACCESS MORE INTENSIVE, HIGHER COMMITMENT PROGRAMMING. IMPACT HIGHLIGHTS INCLUDE: ONE IN THREE YOUNG PEOPLE ENGAGED IN CREATIVE WORKSHOPS. TWO HUNDRED AND TWELVE YOUTH ENGAGED IN EMPLOYMENT SERVICES AND 40 ENGAGED IN EDUCATION SESSIONS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE INTAKE AND CRISIS CARE PROGRAM PROVIDES YOUTH WITH CLINICALLY, CULTURALLY AND DEVELOPMENTALLY APPROPRIATE SERVICES THAT INCLUDE INTAKE ASSESSMENT, TRIAGE CASE MANAGEMENT, CRISIS INTERVENTION, ANIMAL COMPANION SUPPORT, PERSONAL IDENTITY DOCUMENT ACQUISITION AND SUPPORT TO ACCESS LEGAL SERVICES.
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